More ‘millenials’ living with their parents

Young adults in America are slow to leave the nest in the wake of the Great Recession, according to a new analysis of census data by the Pew Research Center.

An analysis by Pew has found that 36 percent of the nation’s “millenials” — those aged 18 to 31 — are still living at home with their parents, the highest percentage in at least 40 years.

A total of 21.6 million millenials live with mom and/or dad, up from 18.5 million in 2007, just before the recession hit America. Forty percent of men in the 18-to-31 category still reside at home, compared with 32 percent of women.

The Great Recession has also discouraged couples from getting hitched. Just 25 percent of millenials are married, Pew found, down from 30 percent in 2007.

And that is related to jobs. While the Great Recession officially ended in 2007 — and last week’s applications for unemployment compensation were at a six-year low — just 63 percent of millenials reported having jobs, down sharply from 70 percent in pre-Great Recession America.

The Pew study did note that a substantial percentage of millenials are students, who are much more likely to be living with mom and/or dad than older members of their generation.